Milestones are what you use to convert your business strategy and tactics into action. They’re also an essential part of any Lean Plan. Here’s how to set (and adhere to) your milestones.
Your Lean Plan needs strategy, but even a great strategy is useless without tactics. Tactics are the things that you actually do to make your business work. Tactics are your road map—and here’s how to develop them.
It’s always best to avoid failure, right? Actually, wrong—not only is this impossible, but failure can also be a good teacher. The trick is not to avoid failure entirely, but to learn how to fail right.
How do others see us, and how do our accomplishments influence how we lead? Turns out, our idea of effective leadership is changing. How does your leadership style stack up?
Your profit and loss statement is the first financial information that investors and bankers will look at in your plan. Here’s a rundown of what the numbers mean.
Does the idea of reading your balance sheet leave you feeling decidedly unbalanced? The balance sheet is the most misunderstood financial statement—which is problematic because it is also one of the most useful. Here’s how to read it.
Having a problem that needs solving can be a great opportunity for your business to grow. But, if you handle it the wrong way, you’ll miss out on the lessons learned. Here’s how to solve problems the right way.
Fail to develop a solid business strategy, and your new venture will likely not be successful. Here’s how to complete this first step of the Lean Planning process.
Cash is the lifeblood of every business. Run out of cash, and you’re dead in the water. Here’s how to understand your cash flow statement, and keep your business alive.
You’re worried about making the wrong decision and hurting your business. You’re not alone; it’s a fear most small business owners face. Here’s the right way to make tough business decisions.
© 2010–2016 Palo Alto Software. All Rights Reserved
